Senior Associate, Origination & Execution - M&G plc.

eFinancialCareers; Greater London; On-site; GBP 60,000 - 90,000; Full time

Benefits offered by this job

Pension up to 18%

Share Save plan

Share Incentive Plan

38 days annual leave

Time Off When You Need It

Inspiring Families policy

Job summary

M&G is hiring a Senior Associate in London to own origination and execution activities for bulk annuities and other de-risking opportunities. You will collaborate with internal teams and external partners to drive progress and deliver strong client propositions.

The role emphasizes ownership, stakeholder engagement, and clear communication of complex transaction structures, with focus on delivering high-quality client deliverables and governance materials.

Qualifications

• Commercially minded with strong technical skills and attention to detail.
• Excellent project management skills and ability to coordinate multiple workstreams.
• Strong written and verbal communication, with ability to present to stakeholders.

Responsibilities

• Take ownership of origination and execution of bulk annuities and other de-risking opportunities.
• Build relationships with internal and external stakeholders and respond to queries timely.
• Engage with Employee Benefit Consultant and Professional Trustee market as a key contact.
• Coordinate cross-functional teams to integrate workstreams into strong client propositions.
• Communicate transaction structures clearly to clients and stakeholders.
• Produce high-quality governance papers, presentations and client documents.

Skills

Commercial awareness

Project management

Client relations

Communication

Independent working

Job description

At M&G, our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.

Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.

Through telling it like it is, owning it now and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

We will consider flexible working arrangements for any of our roles and offer workplace adjustments to ensure you have the support you need to succeed in your role.

Senior Associate, Origination & Execution

The Pension Risk Transfer (PRT) team, part of Corporate Pension Solutions (CPS), was established in 2021 to leverage M&G's unique position as both an insurer and asset manager. The team develops Bulk Purchase Annuity (BPA) and other de-risking solutions for UK Defined Benefit pension schemes.

With ambitious growth plans and a target of writing £3-£4bn of new business per year from 2027, the team is continuing to expand and offers the opportunity to join a fast-growing area of the business. This role is focused on taking ownership of key activities across the origination and execution of buy-ins, buyouts and other unique transaction structures.

Key Responsibilities for this Role:

• Taking ownership of key activities across the marketing, origination and execution of new bulk annuities and other de-risking opportunities, pro actively pro gressing workstreams independently with appropriate senior support
• Building effective relationships with internal and external stakeholders, managing ad-hoc queries and contributing confidently to wider relationship management activities
• Engaging confidently with the Employee Benefit Consultant (EBC) and Professional Trustee market, acting as a key contact and coordinating high-quality, timely responses to queries and surveys
• Coordinating colleagues from across the business and outsourcing partners to integrate commercial, investment, longevity, pricing, legal and structuring workstreams into strong client propositions, driving progress and alignment across workstreams
• Demonstrating a strong understanding of our novel bulk annuity transaction structures, reinsurance solutions and new product lines, and communicating these clearly to internal and external stakeholders
• Producing high-quality deliverables for clients and senior internal stakeholders, including governance papers, presentations , quotation documents and re sponses to contractual requ ests

Key Knowledge, Skills & Experience :

• Commercially minded with strong technical skills, sound judgement, attention to detail and a consistent ability to produce high-quality client deliverables
• Strong knowledge of bulk annuity transactions or significant experience in a closely aligned client-facing role, with the ability to apply this knowledge across deal execution , proposition development and client interactions
• Excellent project management skills, with the ability to maintain oversight of timelines, coordinate multiple workstreams and manage internal and external stakeholders effectively
• Strong written and verbal communication skills, with confidence presenting to senior internal and external stakeholders and the ability to understand and capture client needs
• Ambitious, self-motivated and solutions-oriented, with the ability to work independently, take ownership, delegate effectively and collaborate within a team
• Able to prioritise a varied workload, deliver consistently against multiple strict deadlines and exercise judgement on when to seek review or support

Location: London

Work Level: Experience d Colleague

What we offer:

• We're dedicated to supporting your wellbeing and helping you thrive, both at work and beyond. Our benefits are designed to help you balance your professional and personal life , and financially plan for the future. Our UK benefits include :
• A valuable pension scheme of up to 18% (13% made up of employer contributions and 5% employee contributions).
• Access to our Share Save and Share Incentive Plan, alongside financial wellbeing and support services to help give you real confidence to put your money to work.
• Enjoy 38 days annual leave (including bank holidays), with the opportunity to purchase up to five extra days. Our Time Off When You Need It policy gives you the flexibility - to balance work and personal commitments.
• Our market-leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave - because supporting famil